why did Chrysler almost go under in late 70s?
>>29140427A lot of bad decisions made since the Lynn Townsend era that piled up.
>>29140477Compounded with the epa/emmissions regulations completely gimping large vehicles to the point where they barely had enough power to move..
>>29140477John Ricardo had the plants simply crank out cars at maximum volume whether there were dealer orders for them or not, while GM, Ford, and AMC only built stuff they received an order for. This resulted in thousands of unsellable vehicles piling up that they couldn't get rid of.
The C-body Dodge and Plymouth were dropped in 78 but that was a good year for big car sales. Quality control was also increasingly awful.
>>29140500there was also the issue that the L-bodies were not initially big sellers
Not even the first or last time they almost went under.
